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Heat Monitor 2023: Despite Continued Price Increases, Lower Decline in Households’ Heating Energy Consumption

Author

Listed:
  • Sophie M. Behr
  • Till Köveker
  • Merve Küçük
Abstract
In 2023, heating energy prices increased by substantial 31 percent compared to the previous year, following a 33 percent increase already seen in 2022. Calculations based on data from the energy service provider ista show average price increases were the highest in the German state of Rhineland- Palatinate, and the lowest in Hamburg. Owing to these price hikes and ongoing energy-saving efforts, the temperature- adjusted heating energy consumption of two- and multi- apartment buildings in Germany covered in this study fell by an average of four percent compared to the previous year, which was slightly less than the decline observed in 2022. The biggest energy savings were seen in households in Saxony. At the same time, temperature-adjusted CO2 emissions per square meter also fell, although to a slightly lesser extent than in 2022. With heating energy prices stabilizing, the momentum in emissions reductions is expected to slow down. If Germany is to meet its climate targets, further efforts are needed, particularly in improving energy efficiency in the building sector and in switching to renewable heating systems.

Suggested Citation

  • Sophie M. Behr & Till Köveker & Merve Küçük, 2024. "Heat Monitor 2023: Despite Continued Price Increases, Lower Decline in Households’ Heating Energy Consumption," DIW Weekly Report, DIW Berlin, German Institute for Economic Research, vol. 14(45), pages 263-273.
    • Handle: RePEc:diw:diwdwr:dwr14-45-1
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    File URL: https://www.diw.de/documents/publikationen/73/diw_01.c.924884.de/dwr-24-45-1.pdf
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    More about this item

    Keywords

    Heating demand; heating costs; building energy efficiency; residential buildings; gas prices;
    All these keywords.

    JEL classification:

    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets
    • Q21 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Demand and Supply; Prices
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General

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